Having publicly objected to the Communal Violence Bill drafted by the Sonia Gandhi-led National Advisory Council (NAC), the Narendra Modi-led Gujarat government has now sent its strong objections to Sonia’s pet project, National Food Security Bill, terming it against the sanctity of the federal structure of the Constitution. Gujarat has objected to provisions that allow the Centre to prescribe terms and conditions for the appointment of district grievance redressal officers, empowers...
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Jaya joins cry against govt on retail FDI
-The Telegraph Tamil Nadu chief minister Jayalalithaa today joined the chorus against the entry of foreign capital in multi-brand retail, saying the Centre’s decision that smacked of “overweening arrogance” would affect the livelihood of millions of small-time traders. In Delhi, the under-fire UPA brought out a full-page ad in newspapers that said the move would “generate 10 million new jobs” contrary to the “mistaken belief” that it would result in widespread unemployment. The...
More »Government firm on FDI in retail, may at best defer decision by Smita Gupta
The United Progressive Alliance government appeared determined on Monday not to roll back its decision to permit foreign direct Investment (FDI) in the multi-brand retail sector, despite intense pressure from allies and the Opposition alike, not to mention the Congress' Uttar Pradesh unit which faces an uphill task in next year's Assembly polls. At best, sources said, the government might postpone a decision on its implementation by referring it to an...
More »Karnataka: malnutrition deaths despite high growth
Karnataka, India’s IT success story and its most preferred destination for foreign Investment, boasts of the country’s highest per capita income. Its economic indicators are nothing short of superlative and yet the South Indian State accounts for thousands of child deaths due to malnutrition. A recent report shows that despite high SGDP growth and heightened economic activity, Karnataka fares poorly in hunger index and child malnutrition. A recent report by news...
More »FDI in multi-brand retail will create 10 m jobs: Anand Sharma
-The Hindu This is a major step towards providing liberation to farmers, says Sharma Ridiculing claims that opening of foreign direct Investment (FDI) in multi-brand retail will lead to displacement and unemployment, Union Commerce and Industry Minister Anand Sharma on Friday asserted that this bold move would lead to creation of 10 million jobs and billions of dollars in Investments during the next three years. Brushing aside the criticism by the Opposition parties,...
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